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Blue Capital held back by US wind and hail storms

Blue Capital Global Reinsurance has announced results for 2014. The NAV total return for the year was 8.8%. The dividend for the year was 6.5 US cents. They raised $15.3m of additional capital during the period.

Losses for the period were, they say, relatively small – amounting to about 1.6% off the return for the year. These related to the US wind and hail storms that occurred in June 2014. They were not impacted by the European wind storms that hit over the course of 2014 (though many other insurers were).

BCGR : Blue Capital held back by US wind and hail storms

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